Business for Sale Overview:
$191,553 January-October Profit. A conservative estimate for 2009 is $240.000 profit. The lube side of the business is experiencing steady growth and a profit in the $300s is expected for 2010. This car wash and quick lube is a beautiful facility located in a high growth market in coastal North Carolina. The business is experiencing good growth and has shown good profits in a very rainy year here in NC. The owner is experiencing health problems and is a motivated seller. The cost of development and construction was $2.5 million. This is an opportunity to live on the water in a high growth coastal North Carolina community owning a business with excellent earning power. Truly a high quality business with the best possible equipment. Integrated computer system offers excellent reporting. Manager in place!
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Market Competition and Expansion:
This will be the only tunnel wash in the county and is well located. The barriers to entry are relatively high due to construction cost and environmental regulations.
There are 45,000 people within five miles of the wash. The local military base has made significant additions to military personnel. There is always a corresponding growth of civilian support personnel. The lube business continues to grow. Nine months ago the business coming in the door that carried competitor s window stickers were 50-60%. Now it is 30% as repeat business is increasing. Very healthy!
Reason for Selling:
Health Concerns
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.